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CIBC Precious Metals Fund Class A

Precious Metals Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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NAVPS
(04-18-2024)
$15.96
Change
$0.11 (0.73%)

As at March 31, 2024

As at March 31, 2024

As at February 29, 2024

Period
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Legend

CIBC Precious Metals Fund Class A

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Fund Returns

Inception Return (July 25, 1996): 1.59%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 19.25% 3.24% 12.62% 3.24% -6.62% -5.35% 2.01% 7.17% 8.41% 7.70% 4.16% 4.35% 4.78% 2.89%
Benchmark 18.87% 2.02% 15.68% 2.02% -5.10% -8.13% 0.90% 6.62% 9.72% 9.08% 6.35% 7.41% 7.67% 5.03%
Category Average 19.51% 18.81% 18.81% 4.66% -2.14% -7.79% 1.10% 12.17% 10.56% 9.02% 6.02% 8.35% 9.75% 7.17%
Category Rank 34 / 78 42 / 77 73 / 77 42 / 77 70 / 77 22 / 72 51 / 71 61 / 70 49 / 70 46 / 59 44 / 58 56 / 57 54 / 56 51 / 53
Quartile Ranking 2 3 4 3 4 2 3 4 3 4 4 4 4 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.26% -6.08% -6.61% 2.95% -3.28% -8.06% 4.55% 7.55% -2.99% -7.33% -6.58% 19.25%
Benchmark 3.73% -8.67% -5.08% 3.93% -4.58% -8.01% 6.53% 7.99% -1.44% -8.71% -5.98% 18.87%

Best Monthly Return Since Inception

37.89% (April 2020)

Worst Monthly Return Since Inception

-33.41% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 2.74% -12.33% 28.72% -4.03% -8.74% 34.40% 25.01% -8.95% -1.35% 1.48%
Benchmark -14.81% -17.99% 55.11% 0.96% -3.46% 42.02% 25.38% -7.16% -2.48% 1.85%
Category Average 1.59% -7.69% 59.78% 3.16% -9.27% 36.39% 42.53% -7.32% -10.92% 3.45%
Quartile Ranking 2 4 4 4 3 3 4 3 1 4
Category Rank 21/ 52 51/ 54 57/ 57 56/ 58 41/ 59 45/ 62 59/ 70 49/ 71 8/ 72 62/ 72

Best Calendar Return (Last 10 years)

34.40% (2019)

Worst Calendar Return (Last 10 years)

-12.33% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 69.71
International Equity 18.55
US Equity 10.53
Cash and Equivalents 1.12
Derivatives 0.09

Sector Allocation

Sector Allocation
Name Percent
Basic Materials 98.88
Cash and Cash Equivalent 1.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.39
Africa and Middle East 10.28
Europe 5.22
Asia 3.12
Other -0.01

Top Holdings

Top Holdings
Name Percent
Agnico Eagle Mines Ltd 9.83
Barrick Gold Corp 9.12
Wheaton Precious Metals Corp 8.43
Franco-Nevada Corp 7.33
Alamos Gold Inc Cl A 7.27
Kinross Gold Corp 7.06
Gold Fields Ltd - ADR 6.22
Pan American Silver Corp 5.46
Endeavour Mining PLC 5.15
Newmont Corp 4.85

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

CIBC Precious Metals Fund Class A

Median

Other - Precious Metals Equity

3 Yr Annualized

Standard Deviation 28.97% 32.42% 31.23%
Beta 0.92% 0.94% 0.89%
Alpha 0.01% -0.01% -0.02%
Rsquared 0.97% 0.98% 0.94%
Sharpe 0.12% 0.34% 0.20%
Sortino 0.16% 0.56% 0.24%
Treynor 0.04% 0.12% 0.07%
Tax Efficiency 100.00% 100.00% 100.00%
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 28.20% 28.97% 32.42% 31.23%
Beta 0.95% 0.92% 0.94% 0.89%
Alpha -0.02% 0.01% -0.01% -0.02%
Rsquared 0.97% 0.97% 0.98% 0.94%
Sharpe -0.29% 0.12% 0.34% 0.20%
Sortino -0.38% 0.16% 0.56% 0.24%
Treynor -0.09% 0.04% 0.12% 0.07%
Tax Efficiency - 100.00% 100.00% 100.00%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date July 25, 1996
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $50

Fund Codes

FundServ Code Load Code Sales Status
CIB497

Investment Objectives

To provide long-term growth through capital appreciation by investing primarily in Canadian companies directly or indirectly involved in the precious metals sector and directly in precious metals in the form of bullion, coins, or certificates.

Investment Strategy

To achieve its investment objectives, the Fund: identifies the commodities, securities, and sub-sectors within the gold, silver, and precious metals & minerals groups that are expected to outperform. Adjustments to the portfolio are based on an assessment of industry and company fundamentals, including analysis of company financial statements, evaluation of assets, future growth prospects, and assessment of management teams.

Portfolio Manager(s)

Name Start Date
CIBC Asset Management Inc. 09-04-2008

Management and Organization

Fund Manager Canadian Imperial Bank of Commerce
Advisor CIBC Asset Management Inc.
Custodian CIBC Mellon Trust Company
Registrar Canadian Imperial Bank of Commerce
Distributor CIBC Securities Inc.
Auditor Ernst & Young LLP, Chartered Accountants

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 10,000
SWP Min Withdrawal 100

Fees

MER 2.25%
Management Fee 1.75%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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